DEFINE 'SALES TAX, CORPORATE TAX, PROFESSIONAL TAX & INCOME
TAX'? (please give accurate definitions dudes)
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Answer Posted / murali
I think serive tax collecting from professionals for
rendering their servies is serive tax. It is not a
professional tax.
| Is This Answer Correct ? | 5 Yes | 6 No |
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#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY
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